onsemi (NASDAQ:ON) Stock Has Average Target Price of $92.68

onsemi (NASDAQ:ON) has earned an average recommendation of “Moderate Buy” from the thirty-one ratings firms that are presently covering the company, Marketbeat.com reports. Sixteen research analysts have rated the stock with a hold recommendation, fourteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $92.68.

A number of research analysts recently commented on ON shares. TD Cowen reduced their price target on onsemi from $95.00 to $75.00 and set a “hold” rating for the company in a report on Monday, October 19th. B. Riley Financial cut their price objective on onsemi from $127.00 to $105.00 and set a “buy” rating on the stock in a research note on Thursday, October 22nd. Truist Financial decreased their target price on onsemi from $91.00 to $75.00 and set a “hold” rating for the company in a research report on Friday, September 18th. Sanford C. Bernstein reiterated an “outperform” rating and set a $62.00 target price on shares of onsemi in a research note on Wednesday, August 12th. Finally, Susquehanna dropped their target price on shares of onsemi from $150.00 to $120.00 and set a “positive” rating on the stock in a report on Wednesday, October 21st.

Insider Activity at onsemi

In other onsemi news, insider Sudhir Gopalswamy sold 15,578 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $80.00, for a total value of $1,246,240.00. Following the completion of the transaction, the insider owned 158,177 shares in the company, valued at approximately $12,654,160. This represents a 8.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.

Hedge Funds Weigh In On onsemi

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ON. Engineers Gate Manager LP boosted its holdings in shares of onsemi by 570.3% in the second quarter. Engineers Gate Manager LP now owns 304,377 shares of the semiconductor company’s stock valued at $28,776,000 after acquiring an additional 258,968 shares in the last quarter. Baird Financial Group Inc. acquired a new position in shares of onsemi during the second quarter valued at approximately $680,000. Kornitzer Capital Management Inc. KS raised its holdings in onsemi by 103.0% during the first quarter. Kornitzer Capital Management Inc. KS now owns 89,080 shares of the semiconductor company’s stock worth $5,516,000 after purchasing an additional 45,200 shares in the last quarter. Andra AP fonden bought a new stake in onsemi during the second quarter worth approximately $2,704,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in onsemi in the third quarter worth approximately $10,637,000. 97.70% of the stock is owned by institutional investors.

onsemi Price Performance

ON opened at $75.63 on Friday. onsemi has a 52-week low of $44.56 and a 52-week high of $134.92. The company has a market cap of $29.44 billion, a P/E ratio of 48.48, a P/E/G ratio of 0.60 and a beta of 2.05. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average of $74.84 and a two-hundred day moving average of $81.83.

onsemi (NASDAQ:ON) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period last year, the company posted $0.53 earnings per share. The firm’s revenue was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, analysts expect that onsemi will post 3.21 earnings per share for the current year.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Reports said onsemi is in talks to acquire AI power-chip startup Ferric for approximately $1 billion. The deal could strengthen onsemi’s position in power semiconductors for AI data centers, although discussions remain preliminary and no transaction has been announced. onsemi in talks to buy AI chip power startup Ferric
• Positive Sentiment: Investors continued to assess onsemi’s revised Synaptics acquisition. The amended agreement lowers the transaction value to about $5.7 billion, changes consideration to cash, reduces dilution concerns and is expected to be immediately accretive to non-GAAP earnings per share. onsemi rises as investors react to revised Synaptics deal
• Positive Sentiment: Virginia Retirement Systems reported a new approximately $6.2 million position in ON based on its latest quarterly filing. Institutional buying can provide some support, though the filing reflects holdings as of September 30 rather than a current trading decision. New ON stock position opened by Virginia Retirement Systems
• Neutral Sentiment: onsemi’s third-quarter 2026 results are scheduled for November 2. Analysts are focused on revenue, margins and evidence that AI-related demand can offset weakness in automotive and industrial markets. ON Semiconductor Q3 earnings outlook
• Negative Sentiment: Shares came under pressure across auto-exposed chipmakers after NXP Semiconductors issued cautious guidance. The read-through revived concerns that slowing automotive demand, inventory adjustments or softer pricing could weigh on onsemi’s near-term results. onsemi falls as soft guidance revives auto chip worries
• Negative Sentiment: A recent onsemi insider sale involving 15,578 shares adds a modest negative signal, although one transaction alone is not necessarily indicative of management’s broader outlook.

onsemi Company Profile

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.